Wednesday, May 18, 2005

Unfair for the Commuters

Since Monday night, oil companies have been cutting down their prices.

Petron may have increased theirs last Monday by 50 centavos per liter, but Shell, Sea Oil, and Total have been slashing theirs since that same day too. Today, Shell will cut it down again by 75 centavos per liter, and Total immediately followed. The trend is due to the decline of oil price in the world market. Naturally, Petron also followed.

Aside from these price cuts, public utility vehicles get Php1 discount per liter too.